Seagate has reported year-on-year declines in third-quarter revenue and profit, as notebook enhancements went unnoticed.
Third fiscal 2015 quarter revenues were $3.3bn, 3 per cent down on the $3.4bn recorded a year ago and 11 per cent lower than the second full-year 2015 quarter's $3.7bn.
Profits were $291m, 26 per cent down on …

Just like QLogic, Seagate sales figures have taken a dive along with the PC sales downturn, and it's had to issue preliminary results to warn the market.
For its fourth fiscal 2015 quarter, instead of the expected $3.2-$3.3bn, it thinks it will make just $2.9bn.
It expects to report unit shipments of approximately 45 million …

Mobile chipmaker Qualcomm says it's putting its business under the microscope with an eye to restructuring after posting lackluster third-quarter results, including revenue that missed estimates.
"We are making fundamental changes to position Qualcomm for improved execution, financial and operating performance," Qualcomm CEO …

Apple dealer CANCOM has announced whopping third-quarter results, way in excess of the same period last year, citing that old favourite "solid business demand".
The German firm has reported raking in €208.4m worth of sales revenue in the last quarter, compared with €142.3m during the same period in 2013.
This all works out to …

Qualcomm is pondering a breakup as it embarks on a major corporate soul-searching exercise prompted by activist investors, according to reports.
The firm may announce the strategic review when it reports fiscal third-quarter results on Wednesday, sources told The Wall Street Journal.
It follows reports in April that activist …

IBM has bagged a multi-billion dollar 10-year deal with Dutch bank ABN AMRO, the second major European outsourcing win for the company in the last month.
The deal is likely to bring cheer to Big Blue, following its recent "disappointing" third-quarter results.
The deal includes a private IBM cloud, mobile computing, managed …

Facebook's shares dropped 10 percent on the news that it is planning to spend more on roughly the same number of users next year.
However, after hours trading pulled the social media monster's price back up to around $80 per share following the third-quarter results announcements.
CFO Dave Wehner said the company was planning …

Alcatel-Lucent is slowly stemming the flow of blood, with IP routing its stand-out performer in the company's most recent quarterly results.
In a set of often-depressing sales numbers, the company's IP routing revenues rose 2.2 per cent compared to the third quarter of 2013, the company said. That, however, wasn't enough to …

Revenue dropped 2.4 per cent at Japanese IT giant Fujitsu to ¥1,171.5bn (£6.6bn, $9.9bn) in the firm's third-quarter results, when compared with the same period last year, although a fall in the yen propped up non-domestic revenue levels.
Sales in Japan took the biggest hit, falling 8.6 per cent due to a decline in shipments of …

Yahoo! has bought video advertising service BrightRoll for $640m in a bid to become the "biggest video advertising platform" in the US.
The transaction will combine Yahoo!'s desktop and mobile video advertising to "bring substantial value to advertisers on both platforms", apparently.
This year, BrightRoll estimates revenues …

Opinion
NetApp's third quarter results were poor but NetApp revenues have been flat or falling for a couple of years now. Management doesn't seem to view this as a deep-set problem requiring deep-set answers.
In the earnings webcast, NetApp's management said the Q3 revenue fall was due to foreign exchange (FX) and sales execution issues …

Less than two months after Intel lowered Wall Street expectations for its third-quarter, it released said financial info — and the news ain't too shabby: Chipzilla exceeded $11bn in revenues for the first time in its history.
"Intel's third-quarter results set all-time records for revenue and operating income," Intel president …

Comment
Another one bites the dust as activist investor Elliott Management forces networking biz Riverbed into a strategic review of its options.
Despite announcing good second and third quarter results with increasing revenues and profits, Riverbed has had to bow to activist investors' concerns about shareholder value by initiating a …

CommVault's revenues are growing nicely, and so are its profits, but the rate of growth has slowed somewhat.
The company supplies the popular Simpana backup, archive and data management software product. For its third quarter, which finished on 31 December, revenues amounted to $153.3m, a rise of 23 per cent from a year ago and …

Jittery Juniper Networks is axing hundreds of workers amid concerns the US government shutdown could hamper its stateside federal business.
The cuts were confirmed during a conference call with analysts last night to discuss the firm's third-quarter results. Juniper also revealed sales had risen to $1.185bn, up three per cent …

Just as operators struggle to make direct profit improvements from LTE, so the vendors have long given up on 4G upgrades being the solution to all their problems.
LTE is the most significant factor in driving revenue growth for the big five infrastructure suppliers, for sure, but the margins and differentiation in the equipment …

NetSuite has slapped down business software rival SAP for abandoning mid-market customers hungry for Software as a Service (SaaS).
Zach Nelson, NetSuite chief executive, said SAP’s decision to stop developing its Business ByDesign service proved the danger of relying on a “last generation provider” like SAP for cloud services …

The fortunes of Barnes & Noble's Nook division have gone from bad to worse, with the ebook group reporting plummeting revenues over the holiday period.
The bookseller said on Thursday that the Nook unit's sales for the nine weeks ending December 28 were down 60.5 per cent from the same period a year ago.
Newly minted Barnes & …

NetApp has announced it will cut 600 jobs around the world, as part of a plan to adopt “... a business realignment plan designed to focus its resources on key strategic initiatives and streamline its business in light of the constrained IT spending environment.”
The company announced the plan today in a form 8-K filed with the …

Yahoo! has released its third-quarter results, and the numbers aren't pretty.
The purple palace managed to drag $US1.14bn through the door, but that's five per cent less than the figure for 2012's third quarter. Earnings before interest, taxes, depreciation and amortization were $331 million, a 19 per cent drop compared the Q3 …

It’s results round-up day at the Register, with LSI, Mellanox, QLogic, Symantec and WD all filing their quarterly results. Here we go on a numbers blitz:
Western Digital reported first fiscal 2014 quarterly revenues of $3.8bn and profits (net income) of $495m from making 62.6 million disk drives with an average selling price of …

We got all excited about Seagate's latest 6TB drive but, really, we haven't seen anything yet. It has been revealed that the spinning rust company is anticipating 8TB and 10TB drives later this year.
This info came out in the company's third quarter results earnings call, where chairman, president and CEO Steve Luczo was talking …

On the day that the Dow notched its first triple-digit gain in over a month, Intel joined the party – well, in a minor way, to be sure – by beating Wall Street's lowered expectations for its most-recent quarter.
The company reported quarterly revenue of $13.5bn, net income of $3bn, and earnings per share of 58¢. While those …

InfiniBand and Ethernet switch and adapter maker Mellanox Technologies said after the market closed on Wednesday that the company was not going to make its revenue targets for the fourth quarter and full 2012 year – in part because of the jittery economy but mostly because of a bug in InfiniBand cables.
In a statement, Mellanox …

Yahoo! co-founder Jerry Yang is taking a hand in the affairs of fast-growing Oracle and SAP competitor Workday.
Workday announced on Monday that Yang had joined its board, where he’ll lend his experience helping build its Enterprise Resource Planning (ERP) service.
The company is banking on Yang’s experience in building …

Interview
IBM’s Stephen Smith shrugs off our suggestion there’s more pressure on him now than ever before. And no wonder: he is a man with a profit-generating plan.
Smith is the UK and Ireland head of IBM’s Software Group – a unit that’s home to some of the biggest names in software, never mind the Big Blue brand itself.
As a whole, the …

A rogue trader has been sentenced to 30 months in prison for his scheme to profit from an unauthorised purchase of a billion dollars of Apple stock.
The doomed plan – which eventually led to David Miller's employers being forced to put their biz up for a merger or fresh investment – was to buy millions of Apple shares on 25 …

Samsung has reported a 16 per cent increase in profits for the third quarter of 2006 compared with the same period in 2005.
The Korean electronics giant posted net profit of 2.19 trillion won (€1.83bn) for the three months ending 30 September. This is far higher than analysts' expectations of a net profit of 1.89 trillion won …

Dell today delivered a last minute disappointment to investors by delaying the release of its third quarter financial results. The delay comes as Dell tries to deal with an ongoing SEC (Securities and Exchange Commission) investigation into the company's financial reporting. In a statement, Dell revealed that the SEC has …

SAP is halting development of its unwanted Business ByDesign hosted enterprise resource planning (ERP) service and swapping to services running on its HANA systems.
The ERP giant has confirmed reports that Business ByDesign will no longer receive any more major feature updates and that it’s now slipping into maintenance and bug- …

June's headlines may have belonged to the iPhone but Apple's third-quarter results served as a handy reminder it's the record-breaking Mac and unstoppable iPod that are driving business.
Apple said Wednesday it sold 270,000 iPhones during the 30 remaining hours of its June quarter when the iPhone shipped, with 146,000 iPhones …

CSC has confirmed it is to write off almost $1.5bn as a result of its involvement in the National Programme for IT (NPfIT).
In December 2011 the company, which had been contracted to supply electronic patient records systems to a number of NHS trusts, warned shareholders it may lose an amount equal to, or in excess of, its $1. …

Xyratex, the OEM supplier of disk drive arrays that has been facing troubled times for while now, has erected a poison pill defence and is paying dividends to keep its shareholders happy as it moves into HPC array building.
The company, which sells disk drive arrays on the OEM market, has moved into the high-performance …

Apple has released the Golden Master (GM) verion of its upcoming OS X 10.9, aka Mavericks, to its developers, along with the GM version 5.0.1 of its integrated development environment (IDE), Xcode.
Screen shot from Apple's Developer website announcing that the Golden Master of OS X 10.9, aka Mavericks, is now available
OS X …

Tech Data is cutting costs to reflect the leaner economic climate and in anticipation of modest single digit sales growth over the Christmas quarter.
The distie giant today reported a seven per cent sales climb to $6.6bn (£4.2bn) for the third quarter ended 31 October, helped by a currency tailwind and a 10.6 per cent profit …

Intel's third quarter results, released on Tuesday, showed profits significantly higher than the previous year, but short of analysts' expectations.
The world's largest chipmaker earned $686m, or $0.10 a share, in the third quarter, compared with a profit of $106m, or $0.02 a share, in the same period last year. Though higher, …

Yahoo! surprised no one yesterday when it reported its third quarter results to Wall Street.
The company, which is searching for a replacement CEO following Carol Bartz's undignified sacking in September, said its Q3 net income hit $293m, or 23 cents a share.
But that's down 26 per cent on the same period a year earlier, when …

Samsung will be announcing a healthy profit in its quarterly results, according to market-watchers, who reckon the Korean electronics giant has powered through the period with strong smartphone sales.
The company, which is constantly jockeying with Apple for the title of top mobe-maker, has seen its star rise somewhat …

Novell has posted third quarter results which the current industry buzz about Web services software has yet to translate into a boost in sales for the networking software and services firm.
Third quarter revenues for Novell came in at $247 million which resulted in a net loss of $19.3 million, once a $30.4 million restructuring …

Samsung won't be leaving the mobe sector in a hurry, as it's now making more than half its money on smartphones, according to its third quarter results.
If Apple was hoping the ongoing patent litigation could help push the Korean chaebol out of the market, it can think again, since Samsung is extremely unlikely to turn its back …

Seagate has announced preliminary third quarter results 11.5 per cent lower than a year ago, with 1.3 million fewer disk drives shipped, but announced it is going to begin making dividend payments. Happy investors have boosted its shares by 9.12 per cent to $16.03.
Seagate said for its third fiscal 2011 quarter, ending April 1, …

eBay's third-quarter revenues climbed 10 per cent over the same quarter last year, if you exclude revenues from the failed VoIP experiment with Skype, while non-Skype, non-GAAP profits rose 16 per cent.
With net earnings per share topping out at 40 cents, eBay beat the expectations of the Wall Street guessmen, and it gave much …

Video rental firm Netflix, soon to be hitting the UK shores, has raised $400m in fresh capital from long-time investors to try to boost the firm after a tough few months.
The US company has dropped nearly 75 per cent of its market value since July, when it announced an ill-fated plan to split its DVD and streaming services and …

IBM gave investors something to cheer about today - Big Blue will not be nationalised any time soon.
The company pre-announced a summary of its third quarter results, which show it has hit targets for the period, and fully expects to continue to do so.
Earnings per share were $2.08 compared to $1.68 for the third quarter of …

eBay's revenues are on the rise again, thanks to the continued growth of its PayPal and Skype operations. But in the third quarter, the online tat house saw profits plummet nearly 30 per cent. The news sent its share price tumbling more than five per cent in after hours trading on Wednesday.
In the quarter ending September 30, …

Facebook users are complaining that Facebook has intentionally downgraded services for owners of Pages on its social network platform because it wants them to pay for the reach they used to receive for free.
In what users have called a "bait-and-switch" scheme, Page owners - from small shops to blogs to brands – have reported …

STEC shares sank like a stone after it predicted a depressed outlook in its quarterly report. It never really recovered from last year's EMC over-purchase fiasco, and has suffered from over-priced product and missing PCIe flash.
The Wall Street Journal had STEC stock down 36 per cent in after-hours trading, touching $10.68. Ouch …

Cisco is understood to be planning to sell off its consumer router Linksys business. The company has declined to squash the rumour.
According to people familiar with the situation, the network giant is mulling over letting go of its WebEx brand, too. The moves could come as soon as next week.
A Cisco spokesman told The Register …